roger that. those are great looking bikes but yes way too much money. I believe Honda kept selling them overseas for at least a few years I don't think they are all that rare and considering the Z1 went for less, it just don't make a lot of sense.

This is one that suprised me. I mean it was super clean, mint. But it was quite a bit modified from stock, which normally will attract lower bids at an auction like this. As this one sold, I automatically started reminding myself of the perfectly stock ones I know of around my town.

My buddy picked up an ex-military Indian Scout owned at one time by Steve McQueen. I never knew that Indian painted some of their WWII bikes in gloss olive drab (parade duty?) and the others in flat olive drab. Also snagged a mint Triumph Silver Jubilee with under 3,000 original miles. The 10 to 15% fees going to the auction houses can really add to the bottom line on some of these acquisitions. The 1939 BMW Kompressor that sold for $480,000.00 in the parking lot saved a ton of fees.

The 1939 BMW Kompressor that sold for $480,000.00 in the parking lot saved a ton of fees.

maybe it did maybe it didn't. if the new owner doubles his money on it via ebay or another auction then maybe showing up at a high end auction and selling in the parking lot to avoid the commission won't have been such a good idea.

anyhow, it didnt meet the reserve during auction for 400k. (I bid it up to 390k, but wasnt going any higher )

bonhams has it listed as sold for 480. so Im sure they got their fees, maybe not the rediculous 18% or whatever it was, but they got something. even at 10% from each end, thats 80k, a very healthy payday.

anyhow, it didnt meet the reserve during auction for 400k. (I bid it up to 390k, but wasnt going any higher )

bonhams has it listed as sold for 480. so Im sure they got their fees, maybe not the rediculous 18% or whatever it was, but they got something. even at 10% from each end, thats 80k, a very healthy payday.

the buyer probably wont even ride it.

Probably you mean Virgil Elings who owns http://www.motosolvang.com/ is who you are talking about. Yes he is an inventor. Real gear head when it comes to motorycles. Nice guy. EXTREMELY BRIGHT. His collection is well worth viewing.

Flug -the reason the z-1 went for so little is the paint was incorrect but more importantly there was no serial # on the frame....

Quote:

Originally Posted by nachtflug

roger that. those are great looking bikes but yes way too much money. I believe Honda kept selling them overseas for at least a few years I don't think they are all that rare and considering the Z1 went for less, it just don't make a lot of sense.

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yep, thats the one. Ive been watching it, it got bid up to 6500 in vegas, reserve at 9k. Its got some minor issues that I saw, nothing I couldnt fix, but I didnt want to spend that much for a project.
Looks like its goin good on ebay, may meet reserve this time.
if not, I'll send em an offer maybe :)